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BlackSky Technology (BKSY)

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Earnings summaries and quarterly performance for BlackSky Technology.

Research analysts who have asked questions during BlackSky Technology earnings calls.

Jaeson Schmidt

Jaeson Schmidt

Lake Street Capital Markets

6 questions for BKSY

Also covers: AIRG, AVNW, BHE +15 more
Austin Moeller

Austin Moeller

Canaccord Genuity

5 questions for BKSY

Also covers: , ACHR, AVAV +21 more
SB

Scott Buck

H.C. Wainwright

5 questions for BKSY

Also covers: AEYE, ARQQ, CRGO +27 more
Timothy Horan

Timothy Horan

Oppenheimer & Co. Inc.

5 questions for BKSY

Also covers: AI, ASTS, CCOI +19 more
EY

Edison Yu

Deutsche Bank

4 questions for BKSY

Also covers: ACHR, ADNT, ALV +20 more
Christopher Quilty

Christopher Quilty

Quilty Space

3 questions for BKSY

Also covers: ASTS, GILT, GSAT +7 more
GB

Gregory Burns

Sidoti & Company

3 questions for BKSY

Also covers: ACCO, ALG, ATNI +13 more
Joshua Sullivan

Joshua Sullivan

The Benchmark Company

3 questions for BKSY

Also covers: ACHR, AIR, ATI +13 more
Caleb Henry

Caleb Henry

Quilty Space

2 questions for BKSY

Also covers: ASTS, IRDM, PL +1 more
Daniel Hibshman

Daniel Hibshman

Craig-Hallum Capital Group LLC

2 questions for BKSY

Also covers: AKAM, CRNC, EGAN +9 more
DS

Dave Storms

Stonegate

2 questions for BKSY

Also covers: ARR, GOOD, HOFT +7 more
David Storms

David Storms

Stonegate Capital Partners

2 questions for BKSY

Also covers: ACOG, AMTX, ARLP +19 more
Greg Pendy

Greg Pendy

Clear Street

2 questions for BKSY

Also covers: ASTS, BMTX, GSAT +2 more
Jeff Van Rhee

Jeff Van Rhee

Craig-Hallum Capital Group LLC

2 questions for BKSY

Also covers: AKAM, ALKT, ASUR +18 more
JV

Jeff Van Riel

Craig-Hallum Capital Group

2 questions for BKSY

Billy

Billy

JPMorgan Chase & Co.

1 question for BKSY

Also covers: VIR
CQ

Chris Quilty

Quilty Analytics

1 question for BKSY

GB

Greg Burns

Sidoti & Company, LLC

1 question for BKSY

Also covers: FSS, HNI, MLKN +4 more
Robert Lynch

Robert Lynch

Stonegate Capital Partners

1 question for BKSY

Also covers: SKYH, VLN

Recent press releases and 8-K filings for BKSY.

BlackSky Technology Reports Strong Q4 and Full-Year 2025 Results, Provides 2026 Outlook
BKSY
Earnings
Guidance Update
Revenue Acceleration/Inflection
  • BlackSky Technology reported Q4 2025 revenue of $35.2 million and full-year 2025 revenue of $106.6 million, marking a 16% year-over-year increase for Q4. The company achieved its second consecutive year of positive adjusted EBITDA, reaching $8.8 million in Q4 2025 and $900,000 for the full year 2025.
  • The company ended Q4 2025 with a strong liquidity position of over $225 million and a contracted backlog of $345 million, driven by $240 million in contract bookings in 2025. International customer revenues grew over 50% from the prior year, now representing more than half of total revenues.
  • For full-year 2026, BlackSky expects revenue between $120 million and $145 million (representing 24% growth at the midpoint over 2025) and adjusted EBITDA between $6 million and $18 million. Capital expenditures for 2026 are projected to be $50 million to $60 million, primarily for the Gen-3 constellation.
  • In 2025, BlackSky successfully launched and commissioned three Gen-3 satellites that are delivering 35 centimeter imaging performance and driving revenue growth, with plans to have eight to nine Gen-3 satellites on orbit by the end of 2026.
2 days ago
BlackSky Technology Reports Strong Q4 and Full-Year 2025 Results Driven by Gen-3 Satellite Performance
BKSY
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
  • BlackSky Technology reported a strong finish to 2025, with Q4 revenue of $35.2 million, a 16% year-over-year increase, and annual revenues of $106.6 million. The company also achieved its second consecutive year of positive adjusted EBITDA, reaching $900,000 for the full year 2025, with Q4 2025 adjusted EBITDA at $8.8 million.
  • The company secured $240 million in contract bookings in 2025, contributing to a backlog of $345 million, and significantly strengthened its balance sheet with $125.6 million in cash, restricted cash, and short-term investments at the end of Q4 2025, more than double the prior year.
  • The successful deployment of three Gen-3 satellites in 2025, delivering 35-centimeter imaging performance, is a major catalyst for growth, with plans to expand the constellation to 8-9 Gen-3s on orbit by the end of 2026.
  • International revenues grew over 50% from the prior year, now accounting for more than half of total revenues, driven by strong global demand and new contracts, including a recent 8-figure multi-year contract with an international customer.
2 days ago
BlackSky Technology Announces Q4 and Full Year 2025 Results, Provides 2026 Guidance
BKSY
Earnings
Guidance Update
Revenue Acceleration/Inflection
  • BlackSky Technology reported Q4 2025 revenue of $35.2 million, a 16% increase over the prior year quarter, bringing full year 2025 revenue to $106.6 million.
  • Adjusted EBITDA for Q4 2025 was $8.8 million, up 20% year-over-year, resulting in a full year 2025 Adjusted EBITDA of $0.9 million, marking the second consecutive year of positive Adjusted EBITDA.
  • The company's liquidity position improved to over $225 million by the end of Q4 2025, with an ending cash balance of $125.6 million, which is up 133% from the prior year quarter.
  • For full year 2026, BlackSky projects revenue to be between $120 million and $145 million, and Adjusted EBITDA to be between $6 million and $18 million.
2 days ago
BlackSky Technology Reports Strong Q4 and Full-Year 2025 Results, Provides 2026 Guidance
BKSY
Earnings
Guidance Update
New Projects/Investments
  • BlackSky Technology reported Q4 2025 revenue of $35.2 million, a 16% year-over-year increase, contributing to full-year 2025 revenue of $106.6 million.
  • The company achieved its second consecutive year of positive adjusted EBITDA, with $8.8 million in Q4 2025 and $900,000 for the full year 2025.
  • Contract bookings totaled $240 million in 2025, increasing the backlog to $345 million, and liquidity was strengthened to over $225 million.
  • For full-year 2026, BlackSky expects revenue between $120 million and $145 million and adjusted EBITDA between $6 million and $18 million, with a goal to have 8-9 Gen-3 satellites on orbit by year-end.
2 days ago
BlackSky Reports Fourth Quarter and Full Year 2025 Results
BKSY
Earnings
Guidance Update
Revenue Acceleration/Inflection
  • BlackSky Technology Inc. reported record total revenue of $106.6 million for the full year 2025, up from $102.1 million in 2024, and Q4 2025 revenue of $35.2 million, a 16% increase year-over-year.
  • The company achieved positive Adjusted EBITDA of $0.9 million for the full year 2025 and $8.8 million for Q4 2025, marking a second consecutive year of positive adjusted EBITDA. Net loss for Q4 2025 significantly narrowed to $0.9 million from $19.4 million in Q4 2024.
  • Backlog grew 32% year-over-year to $345 million as of December 31, 2025, driven by $240 million in contract bookings and strong international demand for Gen-3 contracts. The cash balance stood at $125.6 million at year-end 2025.
  • For the full year 2026, BlackSky projects revenue between $120 million and $145 million, adjusted EBITDA between $6 million and $18 million, and capital expenditures between $50 million and $60 million.
2 days ago
BlackSky reports Q4 and Full Year 2025 results
BKSY
Earnings
Guidance Update
Revenue Acceleration/Inflection
  • BlackSky Technology Inc. reported total revenue of $35.2 million for the fourth quarter of 2025 and $106.6 million for the full year 2025.
  • The company's net loss for Q4 2025 narrowed to $0.9 million, while the full year 2025 net loss was $70.3 million. Adjusted EBITDA for Q4 2025 was $8.8 million, contributing to a full year 2025 adjusted EBITDA of $0.9 million.
  • As of December 31, 2025, BlackSky reported a backlog of $345 million, marking a 32% year-over-year increase, and a cash balance of $125.6 million.
  • For the full year 2026, BlackSky expects revenue to be between $120 million and $145 million, and adjusted EBITDA to range from $6 million to $18 million.
2 days ago
BlackSky Secures New International Contract
BKSY
New Projects/Investments
Product Launch
Revenue Acceleration/Inflection
  • BlackSky Technology Inc. secured an eight-figure international contract for the accelerated delivery of a Gen-3 sovereign space-based intelligence solution.
  • The agreement includes the sale of one Gen-3 very-high resolution 35-centimeter satellite with recurring, multi-year on-orbit operations and subscription-based Assured imagery and analytics services.
  • This contract will provide the customer with national on-orbit, 35-centimeter imaging and AI-enabled analytics capabilities within months.
Feb 17, 2026, 1:30 PM
BlackSky secures seven-figure contract with international defense customer
BKSY
New Projects/Investments
Revenue Acceleration/Inflection
  • BlackSky Technology Inc. (BKSY) has secured a seven-figure Assured contract with an international defense customer.
  • This agreement provides the customer with uncontested access to Gen-2 and Gen-3 imagery and AI-enabled analytics services over their priority areas of interest.
  • BlackSky will also support the customer's defense modernization efforts by accelerating their sovereign space capabilities, which includes Gen-3 Earth observation satellites, ground station capabilities, and flight operations support.
Feb 12, 2026, 1:30 PM
BlackSky Awarded Gen-3 Assured Services Contracts
BKSY
New Projects/Investments
Revenue Acceleration/Inflection
  • BlackSky Technology Inc. was awarded multiple Gen-3 Assured services contracts totaling seven figures.
  • The contracts are with a new international defense customer and followed an early access period.
  • These deals signify a rapid customer shift towards advanced space-based dynamic monitoring capabilities to support time-sensitive tactical ISR operational needs.
  • BlackSky's CEO, Brian O'Toole, stated this partnership reflects continued traction against their land-and-expand strategy.
Feb 3, 2026, 1:30 PM
BlackSky Secures Gen-3 Expansion Contracts
BKSY
New Projects/Investments
Revenue Acceleration/Inflection
Product Launch
  • BlackSky Technology Inc. has signed multiple Gen-3 expansion contracts, converting early access pilot programs into renewal deals.
  • These contracts indicate strong retention among BlackSky's international customer base across the Americas, Asia, and Europe.
  • The deals reflect accelerated investments in BlackSky's tactically responsive commercial space-based intelligence capabilities, aligning with the company's land-and-expand strategy and global defense spending trends.
  • BlackSky's Gen-3 monitoring services provide agile, AI-enabled space services for real-time detection and classification of tactical targets.
Jan 20, 2026, 1:30 PM